Job Objective
The Treasury Accountant will be responsible for treasury functions for the Group to ensure operational, administrative and cash flow efficiencies in all the countries where WIOCC has operations. This includes monitoring the Group’s finances, managing financial risks such as currency risk through applying appropriate hedging instruments, ensuring all the subsidiaries are adequately funded, ensuring compliance with each country’s financial and currency regulatory requirements and closely working with other teams within the Group.
Key Duties & Responsibilities
Manage daily cash flow operations, including cash positioning, forecasting and liquidity management
Assist the Treasury Manager with the preparation of weekly cash forecasts for the Group
Develop and implement treasury policies and procedures to ensure efficient cash management, liquidity and risk mitigation
Interface and collaborate with banks to open new bank accounts when need arise
Support with negotiating appropriate FX rates for all currency conversions.
Identify and assess financial risks, including interest rate risk, foreign exchange risk and implement appropriate hedging strategies to mitigate exposures
Monitor compliance with financial covenants, debt agreements, repayment schedules and regulatory requirements to ensure adherence to contractual obligations and mitigate compliance risks
Manage the Group’s intercompany loans register including advice on the conversion of intercompany loans to equity
Ensure Group subsidiaries are appropriately funded including executing funds movement in the various banking portals
Ensure compliance with different countries’ foreign exchange requirements and make sure that the necessary approvals are obtained
Manage banking relationships for all the bank accounts in the Group
Keep yourself regularly updated on the changing financial and currency laws in each country that the Group operates
Liaise with other departments in a collaborative effort to plan and manage ongoing Group projects
Liaise with the Account payable team to forecast monthly payments on specific dates in each month and also upload payments in the online portals
Assist in the annual audit processes (internal and external audits)
Any other responsibilities that may be assigned from time to time
Qualifications & Skills
An undergraduate degree in Economics, Finance or Accounting
Professional accounting qualifications (CPA or ACCA)
A minimum of 3-5 years experience in treasury functions
Good understanding of banking procedures and portals
Proficiency in spoken and written English
Ability to implement and execute set objectives in a fast-paced work environment
Attributes
Integrity, honesty with high ethical standards
Client focused, relationship builder
Boundless, passionate, and flexible
Personal excellence, accuracy, and attention to detail
Collaborative, achieve results through teamwork and partnerships
Strong analytical skills and ability to collate and interpret data from various sources
Excellent problem-solving skills
Ability to multi-task and prioritise assigned tasks
Interested candidates are encouraged to apply by submitting their updated CV including three referees. The deadline for application is on or before 03 January 2025. Applications should be sent to applications@wiocc.net indicating the job position in the Subject Line.
Apply via :
applications@wiocc.net